Penal Law § 187.01 · Article 187. Residential Mortgage Fraud
Limitation on prosecution
Verbatim from the official edition
Text — Law content up to date as of October 23, 2026, as published by the New York State Senate (Open Legislation)
§ 187.01 Limitation on prosecution.
No individual who applies for a residential mortgage loan and intends to occupy such residential property which such mortgage secures shall be held liable under this article provided, however, any such individual who acts as an accessory to an individual or entity in committing any crime defined in this article may be charged as an accessory to such crime.
Source of truth
- Edition
- Law content up to date as of October 23, 2026, as published by the New York State Senate (Open Legislation)
- Official file
- https://legislation.nysenate.gov/pdf/laws/PEN187.01
- Text hash
- sha256 a91f42ddd6725061636012016fc79cd65df8914c51f4f14f02a7d2eb9e99f8c6
- Composed by
- gen_ny_statutes.py 2026-11-10: the Senate's Open Legislation law tree (GET /api/3/laws/<ID>?full=true) read in document order; the Senate's PDF of the whole law (GET /pdf/laws/<ID>?full=true), read with PDFium, prints the same words in the same order
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.